Forex Force Engine MT4 Indicator

Forex Force Engine MT4 Indicator:

About the Forex Force Engine MT4 Indicator

The Force Engine indicator is an indicator of the strength of currencies. He keeps track of the eight currencies. This allows you to receive information about 28 currency pairs.

The strength is calculated in values ​​from -1 to 1. The closer the value is to 1, it means that the currency is now gaining strength. If to -1, then the currency is weakening

I recommend considering values greater than 0.5 and less than -0.5.

The indicator is as easy to use as possible. Using which draw lines, you can get confused in their large number. Here are dry numbers.

The indicator shows potential currency pairs that can be traded.

You can go to them by copying their name into the input field and pressing the Enter button.

For all questions, please contact me in personal messages, as well as write in the discussion tab. Feedback is very important to me.

Indicator settings.

In the settings, I did not take out a huge bunch of unnecessary variables, just in order to make these settings more presentable. I decided to keep the most important ones. In my humble opinion.

Analysis level is a value that will allow you to display suitable currency pairs. The smaller it is, the more sensitive the indicator will be. values ​​from 0.1 to 1. It should be understood that for the negative zone, it will automatically adjust from -0.1 to -1.

Number of bars for analysis is the number of bars that the indicator will analyze to give a result. The more it is, the more the indicator will give the best result. But my recommendation will be limited to 2000 bars. But you can find the best result for yourself.

Prefix for Symbols – Sometimes forex brokers use prefixes in their symbols. Just add it here and the indicator will work.

Test results:

Forex Force Engine MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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